Current:Home > FinanceChina upgrades relationship with Venezuela to ‘all weather’ partnership-InfoLens
China upgrades relationship with Venezuela to ‘all weather’ partnership
View Date:2024-12-23 11:43:38
BEIJING (AP) — China announced Wednesday it was upgrading its diplomatic ties with Venezuela to an “all weather” partnership, a label reserved for a select few of its diplomatic partners.
Venezuelan President Nicolás Maduro is on a state visit in Beijing, his fifth as president, according to state broadcaster CCTV. He met with Chinese President Xi Jinping.
One of the best known of China’s select all-weather strategic partnerships is with Pakistan, where it has invested $25.4 billion over the past decade.
About 7 million people have left Venezuela during a complex political and humanitarian crisis that has been ongoing for the past decade. The country is reliant on oil as its main export but has faced U.S. sanctions. Last year, the Biden administration eased part of its sanctions on the country.
Maduro has cultivated China throughout his years in power. His country has received support from China in loans, cash and investment worth tens of billions of dollars.
veryGood! (2)
Related
- 1 dead, 2 children injured in wrong-way crash; driver suspected of DWI: Reports
- Arrests of 8 with suspected ISIS ties in U.S. renew concern of terror attack
- Arrests of 8 with suspected ISIS ties in U.S. renew concern of terror attack
- Italy concedes goal after 23 seconds but recovers to beat Albania 2-1 at Euro 2024
- Birth control and abortion pill requests have surged since Trump won the election
- Alex Jones ordered to liquidate assets to pay for Sandy Hook conspiracy suit
- Rome LGBTQ+ Pride parade celebrates 30th anniversary, makes fun of Pope Francis comments
- Jodie Turner-Smith Breaks Silence on Ex Joshua Jackson's Romance With Lupita Nyong'o
- Nicky Hilton Shares Her Christmas Plans With Paris, the Secret To Perfect Skin & More Holiday Gift Picks
- Charles Barkley says next season will be his last on TV, no matter what happens with NBA media deals
Ranking
- Ben Foster Files for Divorce From Laura Prepon After 6 Years of Marriage
- Rob Lowe Shares How He and Son John Owen Have Bonded Over Sobriety
- Victim identified in Southern California homicide case, 41 years after her remains were found
- New Mexico Debates What to Do With Oil and Gas Wastewater
- Jennifer Hudson, Kylie Minogue and Billy Porter to perform at Macy’s Thanksgiving Parade
- Micro communities offer homeless Americans safe shelter in growing number of cities
- Princess Kate cancer update: Read her full statement to the public
- Independent report criticizes Cuomo’s ‘top-down’ management of New York’s COVID-19 response
Recommendation
-
Georgia House Republicans stick with leadership team for the next two years
-
Photos offer a glimpse of Bonnaroo music festival in Tennessee
-
A far-right pastor challenges the Indiana GOP gubernatorial nominee’s choice for running mate
-
Don’t take all your cash with you to the beach and other tips to avoid theft during a Hawaii holiday
-
Maine dams face an uncertain future
-
On Father’s Day, this LGBTQ+ couple celebrates the friend who helped make their family dream reality
-
Gretchen Walsh, a senior at Virginia, sets world record at Olympic trials
-
Oilers on brink of being swept in Stanley Cup Final: Mistakes, Panthers' excellence to blame